November's Brazilian oil dip? Temporary facility shutdowns, not the beginning of the end.
The whole "South America's gonna save oil supply" story feels overcooked to me.
Guyana's the real deal—could hit 1.2 million barrels daily. Solid growth trajectory there.
Brazil might squeeze out an extra 300k barrels per day. Nice, but hardly revolutionary.
Argentina? Massive reserves, sure. But it's Argentina we're talking about. Political chaos, currency drama, infrastructure headaches—you know the drill. Potential means nothing without execution.
Markets keep pricing in this South American boom like it's guaranteed. I'm not buying it. One solid performer, one modest gainer, and one giant question mark don't add up to a supply revolution.
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November's Brazilian oil dip? Temporary facility shutdowns, not the beginning of the end.
The whole "South America's gonna save oil supply" story feels overcooked to me.
Guyana's the real deal—could hit 1.2 million barrels daily. Solid growth trajectory there.
Brazil might squeeze out an extra 300k barrels per day. Nice, but hardly revolutionary.
Argentina? Massive reserves, sure. But it's Argentina we're talking about. Political chaos, currency drama, infrastructure headaches—you know the drill. Potential means nothing without execution.
Markets keep pricing in this South American boom like it's guaranteed. I'm not buying it. One solid performer, one modest gainer, and one giant question mark don't add up to a supply revolution.